Both Sides of the Table

DECEMBER 2, 2010

I always encourage people to allocate a few extra stock options to those that join super early when your company is risky and they just believed in you. You can also spend time with a newer startup helping them navigate the world of product management, venture capital or team building. Sure, you can get away with less, but why?

Europe 352

Europe France San Francisco Chicago 352

Both Sides of the Table

SEPTEMBER 6, 2010

Options are gravy - I lived through the first dot com era where we used stock options as a recruiting tool. We set our sites on our IPO price and then worked back to our current valuation and showed potential employees what we thought they could earn (with all legal caveats) if the company was successful.

Stock Options 294

Stock Options Stock Valuation Liquidation Preference 294

Startup Professionals Musings

FEBRUARY 18, 2023

The allocation of shares among the founders, and the number and size of outside investments, will tells volumes about the health, stability, and management of the business. One more key employee or one more investor will probably not turn the situation around. Calculate employee stock option values and vesting times, as well as salary.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

Startup Professionals Musings

NOVEMBER 6, 2019

Here is my summary of the ten top creativity mistakes we both still see too often: Criticize any new idea or employee suggestion. Escalate all problems upward to senior management. Avoid the macho concept that only top management can solve problems, or address strategic challenges.

Stock Options 236

Stock Options Incubator Framework Stock 236

Ben's Blog

OCTOBER 6, 2011

In theory, they want a well-managed company with a great culture. Similarly, a high quality Human Resources organization cannot make you a well-managed company with a great culture, but it can tell you when you and your managers are not getting the job done. The Employee Lifecycle. Performance management.

Management 64

Management Development Team Review Stock Options Technical Review 64

Startup Professionals Musings

OCTOBER 17, 2013

Many employees forget that there isn’t even a market for stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Thus, stock doesn’t “pay the mortgage” today, so to speak. Thus, stock doesn’t “pay the mortgage” today, so to speak. 7% Product Manager,2 -.3%

Stock Options 224

Stock Options Stock Advisory Board Startup 224

Startup Professionals Musings

SEPTEMBER 22, 2012

Many employees forget that there isn’t even a market for stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Thus, stock doesn’t “pay the mortgage” today, so to speak. Thus, stock doesn’t “pay the mortgage” today, so to speak. 7% Product Manager,2 -.3%

Stock Options 230

Stock Options Stock Advisory Board Startup 230

View from Seed

APRIL 27, 2020

Others are just starting out, but the financial safety net they thought they had from a spouse’s job or highly appreciated stock options has disappeared. We believe that it is unwise for VCs to try to time markets or do unnatural things to manage investment pace. This is scary. Number of Investments.

Cofounder 194

Cofounder Software Review Portfolio Technical Review 194

thinkspace.com

SEPTEMBER 7, 2012

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Employees. Manager or Junior Engineer 0.2 - 0.33.

Equity 62

Equity Employee Founder CTO Hire 62

The Next Web

OCTOBER 25, 2013

We spoke to some of the hottest startups to hear their experiences and tips for building a space that welcomes productivity, creativity, and keeps employees happy. Having fast or takeaway options when there’s no time for breaks is perfect,” Goshen says. Location, location, location. Open and cozy is the way to go.

San Francisco 167

San Francisco Design Product Startup 167

Up and Running

MARCH 7, 2018

I spent years as a manager at a startup company. In my time, I learned a thing or two about the importance of preventing employee turnover. Aside from the time-consuming tasks of screening potential employees, interviewing, and re-hiring , losing and replacing employees is expensive. Here is how to do it.

Employee 91

Employee Startup Salary Hiring 91

abovethecrowd.com

FEBRUARY 1, 2009

Prominent finance publications like the WSJ and the Motley Fool along with several bloggers have recently taken shots at Google with respect to their decision to re-price a boat-load of employee stock options.

Stock Options 40

Stock Options Stock Finance Technical Review 40

Feld Thoughts

OCTOBER 8, 2013

Wikipedia reminded me – it’s another Peter Drucker creation from The Practice of Management. I have a deeply held belief that a manager cannot “motivate behavior.” My partner Dave and I took the number, made a list of all employees, and figured out how much we were going to give each of them.

Stock Options 146

Stock Options Technical Review Leadership Equity 146

Up and Running

DECEMBER 1, 2015

If you’re thinking about extending equity to an employee or a vendor (as in the example above), you should know that the topic is multi-faceted. If however you are giving a “normal employee” an incentive stock option plan (more on that later), that’s entirely different. Finding great employees first.

Equity 60

Equity Employee Stock Options Vesting 60

Startup Professionals Musings

APRIL 8, 2015

The allocation of shares among the founders, and the number and size of outside investments, will tells volumes about the health, stability, and management of the business. One more key employee or one more investor will probably not turn the situation around. Calculate employee stock option values and vesting times, as well as salary.

Technical Review 120

Technical Review Due Diligence Sweat Equity Burn Rate 120

Up and Running

SEPTEMBER 10, 2014

I’m a mom, a full-time sales manager, and recruiter. Taking a campaign online and encouraging non-accredited investors to use a crowdfunding platform is a great way to show their support, manage the volume, and market your business. Management Resumes and Organizational Chart. Stock Option. Customer References.

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

Startup Professionals Musings

APRIL 10, 2016

The allocation of shares among the founders, and the number and size of outside investments, will tells volumes about the health, stability, and management of the business. One more key employee or one more investor will probably not turn the situation around. Calculate employee stock option values and vesting times, as well as salary.

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

YoungUpstarts

SEPTEMBER 27, 2017

by Evan Stephens, tax manager at Sensiba San Filippo. In today’s start-up culture, it’s common for companies to offer employees the opportunity to own stock in the business. While most folks know the basic benefits of receiving stock, many employees are taken off guard by the tax implications that follow.

Stock Options 124

Stock Options Stock Capital Gains Vesting 124

Startup Professionals Musings

NOVEMBER 19, 2017

Here is my summary of the ten top creativity mistakes we both still see too often: Criticize any new idea or employee suggestion. Escalate all problems upward to senior management. Avoid the macho concept that only top management can solve problems, or address strategic challenges.

Stock Options 141

Stock Options Incubator Framework Stock 141

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

And when you look at the tools that we use, I mean we’ve made so many technological advances, but really to manage a meeting there’s not a practical tool available. We use email; we use Word; we use task manager; we use a file sharing tool. How many employees would a medium-sized business have in your definition?

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

YoungUpstarts

AUGUST 17, 2011

The “benevolent” part means doing the right thing for the right reasons, for all stakeholders — in education, this means your teachers and other school employees, your students, their parents, etc. Schools can’t give stock options, but they can give praise and non-economic rewards to those who uncover a new idea that works.

Cofounder 222

Cofounder Programming Leadership Ohio 222

Up and Running

JANUARY 4, 2017

Employee taxes. Hiring the right employees. This is why it’s important to find employees with potential. See Also: How to Hire Your First Employee. Approach them as you would an investor—what can this possibly over-qualified potential employee gain from joining your team? Struggling with effective time management.

Small Business 122

Small Business Social Media Stock Options Employee 122

Both Sides of the Table

APRIL 22, 2010

They make terrible employees. Why do job hoppers make such bad employees at startups? -. You’re going to have some great days when you hit it out of the ballpark. .&# That awesome gal you hired in engineering has job options and she knows it. And he has already vested 75% of his stock options at your company.

Hiring 392

Hiring Employee Vesting Silicon Valley 392

crowdSPRING Blog

OCTOBER 10, 2014

Stock option questions startup employees should ask | Business Insider – crowdspring.co/1n8lUje. 44 engineering management lessons – crowdspring.co/1x7TVkf. The One, Life-Saving Change Workplaces Can Make For Their Employees – crowdspring.co/1r4ba0i. ” – crowdspring.co/1slKVZ2.

Social Media 97

Social Media Small Business Design Media 97

Up and Running

OCTOBER 19, 2021

The American job market has become even more competitive amid the pandemic-fueled “Great Resignation” — the number of employees quitting their jobs peaked in April 2021 and has remained high over the past few months. . 4 qualities to look for in a good startup employee. Enterprising employees will make do anyway.

Startup 127

Startup Salary Stock Options Employee 127

Startup Professionals Musings

MARCH 21, 2016

The most effective and productive team members are positive, driven and want to be measured by results rather than hear work hours, perks or stock options. If you haven’t yet focused on attracting and managing the right people, it’s still too early to look for funding. Motivation and commitment to results.

Technical Review 120

Technical Review Stock Options Salary Hiring 120

The Next Web

AUGUST 12, 2013

Define how you want to motivate your employees every day to produce high-quality and industry-leading results. It’s important you understand the risks, and start managing them. I managed that by simply being completely transparent about our financials (I still am). Founders don’t necessarily need to become managers also.

Cofounder 119

Cofounder CTO Hire Startup Europe 119

Steve Blank

MARCH 16, 2016

As the company goes from searching for a business model to growth , only then will they bring in a new “professional” management team to scale the company (along with a business development executive to search for an acquirer) or prepare for an IPO. Above all, don’t panic or demoralize your employees. Don’t demoralize your employees.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Private Equity 120

Startup Professionals Musings

JULY 1, 2022

Many employees forget that there isn’t even a market for startup stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Thus, options don’t “pay the mortgage” today, so to speak. 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock Options 343

Stock Options Advisory Board Stock Startup 343

Feld Thoughts

JANUARY 17, 2013

It’s the annual bonus, next year bonus plan, option grant refresh cycle. For many management teams, especially in rapidly growing, or mature companies, it’s an important part of their existence as culturally we’ve oriented compensation, bonuses, and future compensation around an annual cycle. Let me give an example.

Stock Options 135

Stock Options Stock Vesting Retention 135

Both Sides of the Table

MAY 2, 2015

For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant. And it turns out that employee reviews matter. Stock option top-ups after a few years are vital retention mechanisms. Didn’t have employees sign non-solicitation agreements?

Operations 150

Operations Metrics Early Stage Non-Compete 150

www.joelonsoftware.com

MARCH 24, 2010

Fog Creek explicitly recognizes that many good software engineers have no desire whatsoever to do "management" or to take on a formal personnel management role. One of the purposes of the Fog Creek Professional Ladder is to create a career path with promotions for engineers who simply do not want to do management stuff at all.

Software Review 48

Software Review Stock Options Salary Technical Review 48

Startup Professionals Musings

MARCH 29, 2015

Many employees forget that there isn’t even a market for startup stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Thus, options don’t “pay the mortgage” today, so to speak. 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock Options 120

Stock Options Stock Advisory Board Startup 120

Startup Company Lawyer

MARCH 12, 2009

C corps, LLCs, and S corps differ significantly in the areas of taxation, ownership, fundraising, governance and structure, and employee compensation. Any company that raises venture financing will need to be a C corp in order to issue preferred stock. Employee Compensation. such as incentive stock options.

LLC 61

LLC Stock Options Preferred Stock Stock 61

Both Sides of the Table

NOVEMBER 4, 2009

If you’re thinking about joining as the director of marketing, product management manager, senior architect, international business development lead, etc. Now … these are stock options and not restricted stock so you’ll likely be taxed at a long-term capital gains rate. Let’s face it.

Stock Options 418

Stock Options Stock Liquidation Preference Option Pool 418

Startup Professionals Musings

DECEMBER 10, 2022

I was shocked to read an old Gallup study that indicates only 13 percent of employees worldwide are actively engaged at work, and more recent data shows only a small change in the right direction. Yet many managers unintentionally de-motivate their team by being too busy with business challenges to communicate, understand, or help people.

Stock Options 362

Stock Options Salary Leadership Stock 362

BeyondVC

SEPTEMBER 14, 2004

On the flipside, they can be a valuable source of input and guidance for a management team in the pursuit of maximizing shareholder value. What I want to know about is the management team’s priorities and why, how they are tracking against those goals, and what keeps them up at night with respect to meeting their objectives.

Balance Sheet 99

Balance Sheet Technical Review Framework Stock Options 99